Coastcast Corporation reported net sales for the first quarter of 2004 were $16.4 million vs. $10.7 million in the year-ago period. Net income was $671,000, or 9 cents per diluted share, in Q1 2004 vs. a loss of $2.7 million, or 36 cents per diluted shar
Author: James Hartford
CLC Releases YTD School and Licensee Rankings
The Collegiate Licensing Company (CLC) announced the top-selling CLC member institutions and manufacturers for the fiscal year-to-date period July 1, 2003, through March 31, 2004. The top five schools, in ranked order were Michigan, North Carolina, Notre
West Marine Halves Q1 Loss on 10% Comp Sales Gain
West Marine, Inc. reported net sales for the quarter ended April 3, 2004 of $129.2 million, up 16.2% from $111.1 million in 2003. Net loss for the quarter was ($3.1 million), or ($0.15) per share, compared to a net loss of ($6.1 million), or ($0.32) per s
Timberland Q1 Net Jumps 61.1% on 18.7% Revenue Rise
The Timberland Company reported first quarter net income of $31.1 million, 87 cents per diluted share, compared $19.3 million, or 53 cents per diluted share, in the year a-ago period. Revenue increased 18.7% to $321.8 million, driven by strong gains acro
Delta Woodside Sees Wider Q1 Loss on Lower Sales: NYSE Will De-List Stock
Delta Woodside Industries, Inc. reported net sales of $37.9 million for the first quarter ended March 27, 2004, a decrease of 18.4% when compared to net sales of $46.5 million for the year-ago quarter. The decrease from Q1 2003 was the result of reduced u
Gander Mountain Opens on Nasdaq Priced at $16 a Share
Gander Mountain Company has announced the pricing of its initial public offering of 5,725,000 shares of its common stock at a price of $16.00 per share. In addition, Gander Mountain has granted the underwriters a 30-day option to purchase up to an additi
Foot Locker Prevails in Footaction Acquisition Bid
Footstar, Inc. has confirmed that the U.S. Bankruptcy Court has approved the sale of approximately 350 Footaction stores to Foot Locker, Inc. for $225 million in cash, subject to certain closing adjustments and regulatory approvals. Foot Locker increased
Reebok Signs Multi-Year Deals with Top NFL Prospects
Reebok has signed multi-year endorsement agreements with University of Mississippi quarterback Eli Manning and University of Miami's tight end Kellen Winslow, Jr. Widely considered two of the top prospects in the upcoming NFL Draft, Manning and Winsl
Perry Ellis Appints Pita VP of Finance
Perry Ellis International announced that George Pita has been named senior vice president of finance. Pita will report to Chief Financial Officer Tim Page and will be responsible for all corporate accounting functions, as well as the company's green
Tworecke Resigns President/COO Post at The Bon-Ton
The Bon-Ton Stores, Inc. has announced that Frank Tworecke, President and Chief Operating Officer, has resigned effective May 7, 2004. Mr. Tworecke has been named Group President, Sportswear for Warnaco and will have responsibility for Warnaco's Calv
Foot Locker to Redeem $150 Million in 5.5% Notes
Foot Locker, Inc. has provided The Bank of New York, as Trustee under the indenture, with notification that it intends to redeem all of its $150 million outstanding 5.5% convertible subordinated notes, effective June 4, 2004.
Under the terms of the notes,
Brunswick Ups Q1 and Full Year Guidance
Brunswick Corporation said it will report earnings estimated between 48 cents and 50 cents per diluted share for the first quarter of 2004, up from previous guidance of 35 cents to 40 cents per share. BC also raised its estimate for the full year to betwe
Russell Athletic Renews Washington State Deal
Russell Athletic, a division of Russell Corporation, has announced the renewal and expansion of its relationship with the Washington State University athletic department, making Russell Athletic the “Official Uniform and Apparel” of Cougar football for an
Schutt Sports Inks Sponsorship Deals
Schutt Sports, the NFCA’s Official Training and Field Equipment sponsor, has renewed its agreement with the National Fastpitch Coaches Association for three more years. The new contract extends sponsorship through the 2005-06 academic year. Schutt also h
Everlast Appoints Four New Independent Directors
Everlast® Worldwide Inc. has announced the appointment of Mark Ackereizen, Teddy Atlas, James McGuire Jr. and Jeffrey Schwartz to its Board effective April 16, 2004. With the addition of Messrs. Ackereizen, Atlas, McGuire and Schwartz, Everlast's Boa
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